b"THE MISSION MISSION istobuildrelationshipsandfinancialsolu-Ourmission&tionsthatempowerclientstoachievetheirgoals.By HISTORY providinginnovativeproductsbackedbyoutstand-ingservice,wewillachieveourvisionofenhancing ourcommitmentandresponsivenesstothemarkets, customers, and team members we serve.Joseph J. Lebel IIIChristopher D. Maher HISTORYPRESIDENT AND CHIEF OPERATING OFFICER CHAIRMAN AND CHIEF EXECUTIVE OFFICERSince 1902, OceanFirst Bank N.A. has helped neighbors in localcommunitiesrealizetheirfinancialdreams.OceanMany aspects of our industry, the global economy, and the needs ofFirst was formed as Point Pleasant Building and Loan by a small group of business people interested in providing A MESSAGE ourcustomersandcommunitieshavechangedintheinterveningfinancingtotheirneighborssotheycouldbuildhomes. quarter-century. The changes brought about by the pandemic and other forces in the past year alone will be felt for years to come. ThatThe Bank initially offered traditional savings deposit and said, at OceanFirst, we will continue to be guided by a consistent and FROM OUR strategic vision to lead in innovation, service, growth and value, withmortgage loan products to members of the local commu-LEADERS an emphasis on the following elements: nity; however, this has grown to include commercial loan, depositservicesandtreasurymanagement,aswellasContinuing to manage our capital, liquidity, credit quality and trust and asset management.expenses in a manner that will enhance OceanFirsts ability todeliver sustainable growth and increasing shareholder value OceanFirst is very proud of its 120-year history andFurther developing and scaling our internal control and our risk longstandingcommitmenttothecommunities management systems and processes to support OceanFirst's we serve. Although our name has changed sev-aspirations as a successful regional banking institutioneraltimesthroughoutourhistorytoreflectour Pursuing expansion opportunities, through organic means and INTEGRITY growthandmission,onethingremainsthetargetedacquisitions,todrivehighquality,profitablegrowthCOMMITMENT sameOceanFirstscommitmenttohelp-ingourneighbors.WedothisbyprovidingContinuing to invest in the technologies, systems and capabilities competitive products and services to meet ourthatwillsupportinnovation,qualityserviceandoperatingefficiency customers ever-changing financial needsExpanding and diversifying our talent pool and geography,and delivering these products with especially in commercial banking, to support organic growth while unparalleled personalized service. maintainingourexceptionalserviceandstrongfinancialperformanceWethankourteammembersfortheirexceptionalperformancePERFORMANCE CORECUSTOMERduringanextremelydifficultyear.Wehavealwaysknownthatwehave VALUES FOCUSan extraordinary group of people at OceanFirst, but they once again demonstratedremarkablespirit,ingenuityanddedication,andfor thatwearedeeplygrateful.WealsoappreciatetheconfidenceplacedinOceanFirstbyourcustomersandstockholders,andthesound guidance provided by our Board of Directors.LEADERSHIP TEAMWORKChristopher D. MaherJoseph J. Lebel III CHAIRMAN AND CHIEF EXECUTIVE OFFICER PRESIDENT AND CHIEF OPERATING OFFICER02 OCEANFIRST BANK HUMAN CAPITAL REPORT03"